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NHL Proposes $58M Salary Cap

Written by Adam Herman on .

The NHL and NHLPA held multiple extensive meetings yesterday in New York City and the NHL made its first counter-proposal to the players. As part of the NHL's proposal, the salary cap for the 2012-2013 season would drop down to $58 million. From TSN's Darren Dreger:

"The cap for 2012-13 - projected to be $70.2 million under the existing CBA - would be cut to a fixed $58 million under the latest proposal. That number would rise to a fixed $60 million in 2013-14 and then to a fixed $62 million the following year. Projected cap numbers for the final three years of the deal include: $64.2 million in 2015-16, $67.6 million in 2016-17 and $71.1 million in 2017-18."

Not included the proposal from the NHL is a salary rollback. This is somewhat alarming news for fans of many teams, including the Rangers. The Rangers are currently a bit above the $58M cap hit mark, and while Sather may be able to get under that for this season, there is no way he could keep the core intact next season with a $60M budget; not with Stepan, McDonagh, and Hagelin to re-sign.

Of course, it's highly doubtful that the players accept the NHL's proposal as it currently stands and, while we might not have the $70.2M cap hit, there is no chance the players accept it dropping down to $58M. Nonetheless, I think it's inevitable that the salary cap is lowered at least temporarily. And if that is the case then you have to give Glen Sather credit for not spending to the ceiling. There are a few teams who might end up having to sacrifice some players to get under the new cap and the Rangers don't look to be one of them.


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10 comments
AnnoyingJoe
AnnoyingJoe

Unbelievable.  No hockey this year.

GLENsatherVSglennDANZIG
GLENsatherVSglennDANZIG like.author.displayName 1 Like

This whole negotiation is stupid. There has to be hard feelings all around after these things. How can the players pass the owners in the hall afterthis gets done and not want to spit on them? The players didn't come in with these outrageous contracts and sign them without the owners authority! So now they want the new CBA to clean up their messes. They're cutting off their noses here.

hfox88
hfox88

that sounds about right!

nickgrgas
nickgrgas

And guys, apparently escrow is going to come into affect and somewhat act as a salary roll back

hfox88
hfox88

@ mark fox yes to all except the only way hags is gonna make $3mil next year is if he scores at least 30 goals this season if there is one

MarkFox
MarkFox

If the roster stays somewhat the same for next years off-season, and next seasons cap space is at 60 million. We will have 8 million in free space. Except we will have free agents (like you said): And these players will probably expect a cap hit of around :

 

1. Ryan McDonagh (4 million)

2. Derek Stepan (4 million)

3. Carl Hagelin (3 million)

 

Thats 11 million... so somewhere we have to find room for 3 more million in cap space to resign them. AT LEAST 3 million. 

 

All RFA but other teams will probably be glad to give any of these three guys more $$$$. If we want to keep them the best bet is to find a suitor for Marian Gaborik or try to restructure all three of those big guys contracts. Unlikely. 

 

If we trade Gaborik for 1 depth player, 2 prospect, 1 draft pick then we can save over 6 million and sign the three above. I personally rather have the three above rather than Gabs.

 

nickgrgas
nickgrgas

 @MarkFox Hags is not getting 3 million, and step is not getting 4 million.  My guess 1.75 for hags, and 2.25 for Step.

 

As for McD, yeah he will get 4 mill

jrom428
jrom428

 @nickgrgas  @MarkFox I'm not sure how the new CBA will effect new contracts but if McD were to sign last year or this year, he would probably get a 6-7 year contract for about 5.5M. Look at the deals Dmen were getting. McD is a young shut down Dman that is worth a lot in yesterday's NHL. What he'll get after the new CBA is a bit harder to predict

MarkFox
MarkFox

Del Zotto needs a contract too lol. So trading Gaborik in the near future seems inevitable if we want to keep our core. If we trade Gaborik NEXT season we will still have a strong top 6, enough depth on both the D and F and keep that chemistry going.

 

I like Gabby and he has done so much but now that we have Nash and Kreider I am okay with giving up such a player

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